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Tag Archive: common misconscptions of 401k plans

Do Americans Really Understand Their 401(k)s?

Do Americans Really Understand Their 401(k)s?

Written By: Nina Avery, CFP® | Avery Safe Money Solutions “Today’s Rude Opinion Poll: Which description best characterizes our elected representatives in Washington, regardless of party affiliation?  They are hapless boobs, constantly passing laws that contradict each other.  They are scheming miscreants, relentlessly seeking new ways to increase taxes and spend more of our money.” Scott Burns opines in his 2007 article “In 401(k), Employers Really Contribute to the IRS” featured in The Dallas Morning News. He goes on in his article to point out...

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